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 STOCK MARKET DISCUSSION V132, Everyone Huat!

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Icehart
post Jun 21 2013, 10:04 AM

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QUOTE(Boon3 @ Jun 21 2013, 10:02 AM)
True but do note that the weakness has really crept in.
Only a few stocks are trading near their highs.
Most have already pulled back quite substantially from their recent highs already.
Most stocks had lethargic movements few days ago, ignoring the earlier up movement seen in the US markets.

Now comes a different waiting game.
No longer waiting to sell (for most stocks hor - there's still a few with no sell signs 'yet') ....
It's now turning to waiting to buy.

Wait..... tongue.gif
*
Boon Gor, I think I'm getting tired of buying and selling by timing the market. Most probably going to sit it through (as what you says laugh.gif ) and pick up some cheap stocks. tongue.gif
Icehart
post Jun 21 2013, 10:05 AM

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QUOTE(SKY 1809 @ Jun 21 2013, 10:02 AM)
What to buy ?

No special offers yet  hmm.gif
*
It's always hard to buy stocks in sales mode in KLSE. KLSE sellers all LCLY. Those who sell fast chap lap already. Try other index. tongue.gif
Icehart
post Jun 21 2013, 10:08 AM

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QUOTE(vccy118 @ Jun 21 2013, 10:06 AM)
KLSE Recovered 14 points in 1 hour!

Malaysia Boleh!  thumbup.gif

Won't be surprised if market close green
*
HSI -1,000 points earlier now -360 only. tongue.gif
Icehart
post Jun 21 2013, 10:10 AM

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QUOTE(SKY 1809 @ Jun 21 2013, 10:07 AM)
Yr MTD PE is 2.9 x, so low one  hmm.gif

Anything to share , brother  thumbup.gif
*
Increase in revenue from newly secured jobs. They've been actively securing jobs after a financial turnover last year. Hard to spot this kind of stock, might be another Takaful in the making. Management already say they expect a modest recovery this year.
Icehart
post Jun 21 2013, 10:11 AM

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QUOTE(Boon3 @ Jun 21 2013, 10:10 AM)
This actually isn't timing. tongue.gif

Let's talk about buying.
Imagine you want to buy in a stock.
Why? Cos it has 'fallen' a bit already...
But is the stock really cheap 'now'?

Moving forward, do you see an immediate catalyst that the stock would reverse and go up again so quickly?

If no, why not be a bit patient?
In a sell-off, you don't need to rush to buy.
You can always wait.

Pay a little more, won't lose one.
*
True thumbup.gif
So what's in your shopping list?
Icehart
post Jun 21 2013, 10:13 AM

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MYEG damn power, green. doh.gif
Icehart
post Jun 21 2013, 10:16 AM

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QUOTE(SKY 1809 @ Jun 21 2013, 10:15 AM)
U bought  MYEG hmm.gif

Sharks ada omg  hmm.gif
*
I've been sitting and watching it since 82 cents.
No buy. Just want to see the excitement. laugh.gif
Icehart
post Jun 21 2013, 10:19 AM

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QUOTE(felixmask @ Jun 21 2013, 10:13 AM)
It just drops to 16. Been using this and Donovan's analysis to project incoming bearish market some 2 weeks ago. laugh.gif
Icehart
post Jun 21 2013, 10:59 AM

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user posted image
Icehart
post Jun 21 2013, 03:00 PM

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What a good day. My banking stock rebounded heavily.
Icehart
post Jun 21 2013, 03:03 PM

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Someone must have mentioned "Good Bye" just now laugh.gif
Icehart
post Jun 21 2013, 03:10 PM

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Still I think the sellings are not over. More to come, more nasty and cruel.
Icehart
post Jun 21 2013, 03:16 PM

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QUOTE(ngaisteve1 @ Jun 21 2013, 03:13 PM)
-6.66 now  biggrin.gif
*
No capitulation so far. sweat.gif
More to come brows.gif
Icehart
post Jun 21 2013, 03:28 PM

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QUOTE(vccy118 @ Jun 21 2013, 03:25 PM)
Those who bought Maemode this morning sure laughing like crazy go bank liaw
*
PE only 0.93? PE less than 1. Wow, what counter is this? How come market response so poor.. hmm.gif
Icehart
post Jun 21 2013, 04:12 PM

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CI got high chance to close green today.
Icehart
post Jun 21 2013, 04:15 PM

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QUOTE(ngaisteve1 @ Jun 21 2013, 04:13 PM)
u bot anything today?
*
No active buying/selling today. blush.gif
Icehart
post Jun 21 2013, 09:07 PM

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Wow, JCY jump 43% today.
Icehart
post Jun 21 2013, 09:19 PM

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QUOTE(foofoosasa @ Jun 21 2013, 09:12 PM)
Actually I am a bit curious, I am sure other will well aware of this too.

Today we few stocks that have a big drop

1) CBIP close to 30% drop
2) HSPLANT close to 30% drop
3) TDM close to 30 % drop
4) BKAWAN close to 30% drop
5) BJTOTO close to 24% drop
6) Coastal close to 30% drop

There are 2 stocks increase a lot

1) JCY increase close to 36%
2) STAR increase close to 30%

But index seems only drop 0.37%.  hmm.gif Probably the stocks I mention above is not big in market cap beside BKAWAN?
*
Because those stocks that drops are not KLSE component stocks. Only 30 selected companies forms the component stocks for KLSE. I think the list is quite updated here: http://research.maybank-ib.com/pdf/documen...30_MIB_4390.pdf
Icehart
post Jun 21 2013, 09:48 PM

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MBSB also gap down 5%+
Icehart
post Jun 21 2013, 09:49 PM

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Adui, since when shareinvestor becomes a subscription based website? doh.gif

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